LVT is excited to announce that we raised $50M. The Series B funding will go towards growing the company as we continue to expand nationally and internationally. Sorenson Capital and The Larry H. Miller Group join our previous investors Lead Edge Capital and Pelion Venture Partners. Read more about the funding here.
“Our mission is to make the world safer and more secure. While theft-related saving and real-time site awareness are a significant benefit for many or our customers, preventing violent crime and saving lives are the most important goals of our company and at the forefront of everything we do,” said CEO and Co-founder Ryan Porter. “Our accelerated growth is a testament to the solutions we work tirelessly to provide, the value we place on forging strong partnerships with our customers every day, and the belief that we are realizing our mission one safer community at a time.”
In the past year, our recurring revenue has grown 133% ensuring that our five-year average is well above 100%. The funding will help continue our explosive growth and will go towards international expansion, new hires, and more.
If you want to make the world safer—join us! We have positions in everything from manufacturing to marketing, from IT to innovation. Check out our open roles here.